Setback to Byju, SC reverses NCLAT order closing insolvency proceedings
The Business Guardian|October 24, 2024
In a setback to ed-tech company Byju, the Supreme Court on Wednesday set aside the decision of the National Company Law Appellate Tribunal (NCLAT) closing the insolvency proceedings against ed-tech company Byju's by accepting a settlement between it and the Board of Control for Cricket in India (BCCI) for about Rs 158 crores.
Setback to Byju, SC reverses NCLAT order closing insolvency proceedings

A bench headed by Chief Justice DY Chandrachud and also comprising Justices JB Pardiwala and Manoj Misra set aside the judgment of the NCLAT dated 2 August.

"We allow the present appeal and set aside the impugned judgment of the NCLAT dated 2 August 2024 in the above terms. At this stage, it would not be appropriate for this Court to adjudicate on the objections of the appellant to the settlement agreement on merits. The issues raised are the subject matter of several litigations in different fora, including the Delaware Court and investigations by various authorities, including the Enforcement Directorate, which are pending," the top court said.

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The Business Guardian

CM Atishi approves 'Anywhere Registration' policy

Delhi residents will now be able to register their property at any sub-registrar office of their choice, at their convenience.

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1 min  |
October 31, 2024
The Business Guardian

Delhi government is doing politics of malice," says BJP

BJP MP Bansuri Swaraj hit out at the Aam Aadmi Party (AAP) government in Delhi and former Delhi Chief Minister Arvind Kejriwal over the Ayushman Bharat row and said that the Delhi government is doing politics of malice.

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1 min  |
October 31, 2024
The Business Guardian

Kejriwal slams Ayushman Bharat as a 'scam'

Aam Aadmi Party (AAP) National Convenor Arvind Kejriwal on Wednesday asserted that Delhi's health model is superior to the Ayushman Bharat scheme, urging Prime Minister Narendra Modi to consider adopting it nationwide, calling Ayushman Bharat a \"major scam.\"

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1 min  |
October 31, 2024
The Business Guardian

Motorists penalised Rs 47 cr for pollution certificate violations

Amid a rise in air pollution levels in the national capital, the traffic police have imposed penalties to the tune of Rs 47 crore on motorists between October 1 and 24 for pollution certificate violations, an official said on Wednesday.

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1 min  |
October 31, 2024
The Business Guardian

No Hindu-Muslim angle to ban on firecrackers in Delhi: Kejriwal

Aam Aadmi Party (AAP) convener Arvind Kejriwal on Wednesday defended ban on firecrackers, saying it is necessary for protecting people from pollution and there is no ‘Hindu-Muslim’ angle to it

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1 min  |
October 31, 2024
DELHI'S AIR QUALITY PLUMMETS TO 'VERY POOR' ON DIWALI EVE: POLLUTION LEVELS LIKELY TO RISE FURTHER
The Business Guardian

DELHI'S AIR QUALITY PLUMMETS TO 'VERY POOR' ON DIWALI EVE: POLLUTION LEVELS LIKELY TO RISE FURTHER

Delhi's air quality slipped into the \"very poor\" category on the eve of Diwali, with pollution levels expected to go up on Thursday, even as authorities said strict action will be taken against those violating the firecracker ban

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2 dak  |
October 31, 2024
SC: Shouting And Threatening Someone Does Not Amount To Assault | Section 353 IPC
The Business Guardian

SC: Shouting And Threatening Someone Does Not Amount To Assault | Section 353 IPC

The Supreme Court in the case K. Dhananjay Versus Cabinet Secretary And Ors. observed that shouting and threatening someone does not amount to committing an offence of assault.

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1 min  |
October 31, 2024
Delhi High Court: Two Adjudication Order Against One Show Cause Notice For The Same Period Is Not Permissible
The Business Guardian

Delhi High Court: Two Adjudication Order Against One Show Cause Notice For The Same Period Is Not Permissible

The Delhi High Court in the case M/s Jain Cement Udyog (Through Its Proprietor Sh. Sanjay Jain) v. Sales Tax Officer Class-II observed and has stated that two adjudication orders against one show cause notice for the same period is not permissible.

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1 min  |
October 31, 2024
Calcutta High Court On Plea To Curb Animal Sacrifice: Religious Practices In east India Differ From Those In North India, Cannot Be Restricted
The Business Guardian

Calcutta High Court On Plea To Curb Animal Sacrifice: Religious Practices In east India Differ From Those In North India, Cannot Be Restricted

The Calcutta High Court vacation bench in the case observed and has remarked that since religious practices in East India differ from those in North India, it would not be realistic to call for a restriction of practices which may have formed an 'essential religious practice' for many communities.

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1 min  |
October 31, 2024
Delhi High Court On PIL To Grant Admission To Rohingya Refugee Children: 'Matter Involves International Issues, Policy Decision To Be Taken By Centre'
The Business Guardian

Delhi High Court On PIL To Grant Admission To Rohingya Refugee Children: 'Matter Involves International Issues, Policy Decision To Be Taken By Centre'

The Delhi High Court in the case Social Jurist, A Civil Rights Group versus Municipal Corporation of Delhi And Anr observed and has refused to entertain a public interest litigation, PIL filed seeking directions to the Delhi government and the Municipal Corporation of Delhi to grant admission to Rohingya refugee children in local schools.

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1 min  |
October 31, 2024